Solar Energy

September 14th, 2008 John Krol Posted in Global Energy 2032, Investment in Green No Comments »

Solar Energy: What You Need to Know

10/14/08 - 01:43 PM EDT

How much do you really know about investing in solar-focused companies and funds?

The following are key insights from TheStreet.com on the potential opportunities and risks in solar energy investing.From Three Solar Players Push Envelope With New U.S. Plants:

Konarka Technologies Inc. said Tuesday it has opened a plant that could produce up to 1 gigawatt per year of its organic photovoltaic “power plastic” material by the start of next decade.

Konarka is one of a handful of companies exploring thin-film solar cells that use organic materials. Organic materials are carbon-based substances that are used instead of silicon, cadmium, copper and other minerals that can be found in commercial solar cells today.

But whether the Lowell, Mass.-based company will find buyers for that much organic photovoltaic material remains to be seen, given that it still isn’t as efficient at converting sunlight into electricity as its inorganic thin-film competition, analysts said.

Read the full version of Three Solar Players Push Envelope With New U.S. Plants.

Cramer: Solar’s Cooling Off (Video, Oct. 8)

Plus, don’t miss this video on TheStreet.com TV: Solar Energy: Can You Afford It? (Sept. 30: Julia Hamm of the Solar Electric Power Association tells Debra Borchardt that solar is striving to become more affordable for the residential market.).

From Suntech Breaks Into Solar-Power Financing:

Suntech Power Holdings Co. (STP Quote - Cramer on STP - Stock Picks) said Thursday [Oct. 2] it is entering the solar-power financing and management business by buying EI Solutions, a solar integrator and installer.

Suntech, which makes solar cells and panels, also said it has formed a joint venture with MMA Renewable Ventures, which finances, owns and operates commercial solar projects.

The new venture, called Gemini Solar Development Co., plans to finance, develop and operate large solar power plants of 10 megawatts or more. Kristina Peterson, Suntech’s director of structured finance, will become Gemini’s president.

Gemini Solar is a 50-50 joint venture based in San Francisco, McLanahan said. Lining up a partner also makes sense at a time when the financial market turmoil means fewer banks will be available to offer loans for building solar and other renewable energy projects.

Read the full version of Suntech Breaks Into Solar-Power Financing.

From Green Energy Sector Gets Boost From Senate:

The U.S. Senate on Tuesday [Sept. 23] approved about $18 billion of renewable-energy tax credits after repeated failed attempts to do so this year.

The 93-2 vote cleared a major hurdle for extending a set of tax credits for businesses and residents investing in renewable energy, from building and operating power plants to installing small wind turbines on residential properties.

Solar, wind and other renewable-energy investors and executives have been anxiously waiting on Congress to extend a set of investment-tax credits that would offset 30 percent of the cost of a solar project.

“We know with certainty that the extension of these credits sends out a green ripple effect: solar projects on hold can now move forward, America creates new green-collar jobs with over 214,000 in California alone, and businesses and homeowners can count on lower energy bills in a time of economic hardship,” said Barry Cinnamon, CEO of Akeena Solar (AKNS Quote - Cramer on AKNS - Stock Picks), in a statement.

Read the full version of Green Energy Sector Gets Boost From Senate.

From Senate Sends Energy Tax Credits Back to House:

The Senate was unhappy with the House [of Representatives] version, however, and had refused to consider it.

The House’s Monday [Sept. 29] rejection of the $700 billion plan to prop up the ailing financial market — prompted by bankruptcy filings and sales of troubled U.S. investment banks and mortgage lenders — gave the Senate an opportunity to push for its own renewable-energy bill again.

Senate majority leader Harry Reid, D-Nev., announced Tuesday night that the Senate would tweak the House’s version of the financial-market bailout package and vote on it, but only along with the renewable-energy tax credits

Read the full version of Senate Sends Energy Tax Credits Back to House. (Update: Congress Finally Gives Solar Industry ‘Policy Certainty’)

From Solar’s Outlook Gets a Bit Sunnier:

The key industry players badly need to assure investors that they will not simply be a flash in the pan. The House still needs to sign off on the bill as well. It is also worth noting that the $18 billion package is completely offset by the reduction in benefits to the oil and gas industry.

Shares in the group have soared and plunged, depending on broader sentiment, as these stocks carry very high betas. Yet institutions have largely placed their bets on First Solar (FSLR Quote - Cramer on FSLR - Stock Picks), which is the only stock in the group closer to its 52-week high than its 52-week low, and which is valued at a lush 13.3 times projected 2008 sales on an enterprise value basis.

Notably… the China-based solar plays… sport the lowest valuations, in large part because of the absolute decimation of the broader Chinese market.

But investors need to stay focused on the fact that industry growth can stay above 25% for the next three to five years, as the legislative backdrop is likely to become yet more favorable. Both presidential candidates have expressed a great deal of support for an expansion in credits and subsidies for alternative energy.

Read the full version of Solar’s Outlook Gets a Bit Sunnier (RealMoney access required).

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World Future Society Learning for tomorrow

August 1st, 2008 John Krol Posted in Commercial Investments, IRA Private Equity investing, Investment in Green No Comments »

future times: learningfor tomorrow

Summer 2007
In This Issue

From the Desk of the President
(Global futures studies)
Chapter News and Events
Age-Appropriate Futuring
(Personal long-range planning for a lifetime)
Carbon Capture & Storage
(Is carbon capture and storage (CCS) really the technology to save the planet?)
Cosmic Visions of the Future
(The point of science fiction is trying to figure out the meaning of our lives.)
From the Desk of the President
Well, the Annual Conference is almost upon us, and the Society as usual is a beehive of activity (although that may no longer be a useful metaphor with the widespread onset of Colony Collapse Disorder). The trip to Korea was an enormous success, in the sense that the Society is very well thought of there and the presentations on global cultural futures were well received. In addition to print and television coverage, a number of futurists were asked to participate in a televised management training series run by Samsung Electronics.
Meetings with the Korean Academy of Sciences, the National Ministry of Education, the Korean National Assembly and Semyung University were all very productive. In addition, conversations with the organizers of the Seoul Digital Forum, where Steven Ballmer, the CEO of Microsoft, gave the keynote last year, suggested that WFS will be increasingly involved in what has become one of the leading technology trends meetings in the world.
As a capstone to the trip, an agreement was reached to translate a version of THE FUTURIST magazine into Korean on a regular basis. While this project is still in its early stages, the first issue is in production and we await our first Asian edition with anticipation. Ed Cornish’s book, Futuring: The Exploration of the Future has already been translated into Korean (and Mongolian and Arabic as well) and so the magazine project is a logical next step.
Finally, you might have noticed the new title for this publication. With an eye to producing our online publications in a slightly more timely fashion, we are testing a combined approached, which would include news from WFS and the chapters (as Future Times has done in the past) and also articles from members and others on a range of topics of interest (such as Learning Tomorrow has done). Hence the highly creative (or not) combination name of Future Times: Learning for Tomorrow (love those colons!)
Anyway, this will hopefully be a way to get useful information, columns and shorter articles out to our readers, so please keep sending them along to us for inclusion. As well, let us know how you like this format. I can be reached at tmack@wfs.org.
Chapter News and Events Return to top
FUTUREtakes, a publication of the National Capital Area chapter of WFS is soon going to be issuing a special thematic issue, entitled “International and Cross-Cultural Perspectives on the Future.” This special issue is designed to accomplish the following:
  • Reinforces the lessons that various nations, peoples, and cultures can offer to meet the challenges of the future – lessons that might otherwise be lost to deculturation and increasing cultural hegemony,
  • Highlights the cultural values and alternative lifestyles of diverse nations, peoples, and cultures – values and lifestyles that can impact the way that we live, work, and think,
  • Challenges hidden culture-based assumptions, including values and everyday lifestyles taken for granted (for example, the alarm clock – commute – caffeine syndrome, or notions of prosperity or identity), that may hamper futurist thinking and constructive solutions,
  • Furthers interdisciplinary education, and cross-cultural learning among students of diverse backgrounds, and
  • Extends constructive dialog on the future to those cultures that are often marginalized, thereby giving a voice to those who otherwise have none.
But there is much more that we could do together. In addition to the authors featured in this issue, there are others authors who had planned to contribute articles but who did not have the time or opportunity to do so. For this reason, we are pleased to announce a second special issue – same theme – to be published in May 2008. As for this issue, planned distribution includes embassies, selected educational institutions and international think tanks, and various other international, ethnic, and cultural organizations. —David Stein
Watch for additional details that will be posted on our Web page, www.futuretakes.org. Share your perspectives on the world stage! Send your aticles to futuretakes@cs.com.♦

future times Archive

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Electric Cars

August 1st, 2008 John Krol Posted in Investment in Green No Comments »

Inside Two Electric Cars
GM’s Chevy Volt is a plug-in hybrid concept car. Tesla Motors’ Roadster is an all-electric vehicle in production. We peek under the hoods of both.

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Hydrogen and Fuel Cells – Its Advantages

July 30th, 2008 John Krol Posted in Hydrogen 1 Comment »

Hydrogen and Fuel Cells – Its Advantages
3
Have you heard about the latest technology that has caught the attention of environmentalists worldwide? Hydrogen technology is not new and it has been around for many years now. Continuous developments with the technology is being pushed through various governments and institutions because they can see a lot of advantages by using an alternative source of energy like hydrogen fuel.

Currently, converted cars are now using hydrogen fuel. Car engines are typically gasoline powered but with the introduction of hydrogen fuel, car owners can choose between hydrogen fuel and gasoline to power their vehicle.

Here are the advantages of using hydrogen and fuel cells:

• Fuel cells aren’t dangerous. If you frequently surf the net, you’ve probably heard some myths about hydrogen. Fuel cells are easy to operate and are not hazardous. The reason why a lot of people view hydrogen negatively is because of the 1937 zeppelin accident in Hindenburg.  The accident was recorded and publicized extensively. That happened many years ago but with today’s advanced hydrogen technology, the use of hydrogen and fuel cells is not something to be scared of.

• Hydrogen provides plenty of energy. Fuel cells are powered with HHO gas and this is similar to water vapor. You will only use water and the HHO generator will do its task. It will separate hydrogen from oxygen molecules. The power of the generator will come from the separated hydrogen. Water is available anywhere, not unless your in a desert, scarcity is not an issue. With the scarcity of oil, it’s no wonder why its price is soaring higher and higher every year.

• Fuel cells require low maintenance. Once your car is converted, you will need to ensure that the quart-sized reservoir has the proper fluid amount. Other than that, you don’t have any other problem.

Gas stations are taking a lot of your hard-earned money. If you want to put an end to this, have your car converted now. Hydrogen powered vehicles are very limited and the purchase of such car is often regulated. Perhaps in the future, hydrogen powered cars will be available to the public and there will be better sources of hydrogen; only then can the price of hydrogen cars be more affordable.

Now that you know that the use of hydrogen and fuel cells is not dangerous, will you have your car converted? This is not a huge problem because all you need are hydrogen fuel car kits or boost kits and you can run your car using hydrogen power. You can definitely improve mileage and you can save a lot of money. Now, you can use the extra money to purchase other more important things.

At present, the source of hydrogen fuel is still under continuous research and studies. Experts are still trying to discover less expensive means of getting usable hydrogen. Although hydrogen makes up a large portion of the atmosphere, most are not in usable form. With studies underway, people can expect that in the future, the planet will be less polluted.

Environmentalists are pushing for the worldwide acceptance of hydrogen and fuel cells. It is up to the different countries now to pursue the use of hydrogen technology. Currently, only rich countries can afford this technology.

Well, who knows; in the future, everything might change.

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Renewable energy

July 30th, 2008 John Krol Posted in Global Energy 2032, Investment in Green 1 Comment »

Renewable energy    · Environment

Renewable energy sources worldwide at the end of 2006. Source: REN21 8-)

Renewable energy sources worldwide at the end of 2006. Source: REN21[1]

Renewable energy

Wind Turbine

Biofuels

Biomass

Geothermal

Hydro power

Solar power

Tidal power

Wave power

Wind power

Renewable energy is energy generated from natural resources—such as sunlight[2], wind, rain, tides and geothermal heat—which are renewable (naturally replenished). Renewable energy technologies range from solar power, wind power, hydroelectricity/micro hydro, biomass and biofuels for transportation.

In 2006, about 18% of global final energy consumption came from renewables, with 13% coming from traditional biomass, such as wood-burning. Hydropower was the next largest renewable source, providing 3%, followed by hot water/heating, which contributed 1.3%. Modern technologies, such as geothermal, wind, solar, and ocean energy together provided some 0.8% of final energy consumption.[1] The technical potential for their use is very large, exceeding all other readily available sources.[3][4]

Renewable energy technologies are sometimes criticised for being intermittent or unsightly, yet the market is growing for many forms of renewable energy. Wind power is growing at the rate of 30 percent annually, with a worldwide installed capacity of over 100 GW,[5] and is widely used in several European countries and the United States.[6] The manufacturing output of the photovoltaics industry reached more than 2,000 MW in 2006,[7] and photovoltaic (PV) power stations are particularly popular in Germany.[8] Solar thermal power stations operate in the USA and Spain, and the largest of these is the 354 MW SEGS power plant in the Mojave Desert. [9]. The world’s largest geothermal power installation is The Geysers in California, with a rated capacity of 750 MW.[10] Brazil has one of the largest renewable energy programs in the world, involving production of ethanol fuel from sugar cane, and ethanol now provides 18 percent of the country’s automotive fuel.[11] Ethanol fuel is also widely available in the USA.

While there are many large-scale renewable energy projects and production, renewable technologies are also suited to small off-grid applications, sometimes in rural and remote areas, where energy is often crucial in human development.[12] Kenya has the world’s highest household solar ownership rate with roughly 30,000 small (20–100 watt) solar power systems sold per year.[13]

Climate change concerns coupled with high oil prices, peak oil and increasing government support are driving increasing renewable energy legislation, incentives and commercialization. European Union leaders reached an agreement in principle in March 2007 that 20 percent of their nations’ energy should be produced from renewable fuels by 2020, as part of its drive to cut emissions of carbon dioxide, blamed in part for global warming.[14] Investment capital flowing into renewable energy climbed from $80 billion in 2005 to a record $100 billion in 2006.[15] This level of investment combined with continuing double digit percentage increases each year has moved what once was considered alternative energy to mainstream. Wind was the first to provide 1% of electricity, but solar is not far behind.[16] Some very large corporations such as BP, General Electric, Sharp, and Royal Dutch Shell are investing in the renewable energy sector.[17][18]

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Hydrogen as a Fuel

July 30th, 2008 John Krol Posted in Hydrogen No Comments »

Hydrogen as Fuel for Motor Vehicles
Boomers Bank
Hydrogen as fuel for motor vehicles, is this a great idea? As early as 1970s, plans for hydrogen powered vehicles have been in the works. Scientists and researchers believe that these cars can change the future. People know for a fact that there is great abundance of hydrogen and unlike fossil fuels, scarcity is not a problem. With regards to exhaust emissions, it cannot increase the presence of greenhouse gases here on Earth.

Environmentalists love the idea of hydrogen fuel and no one can really tell what will happen in the near future. However, according to some studies, improper production of hydrogen fuel can emit nitrogen oxides. Nitrogen oxides can add to global warming since it causes acid rain. This can be prevented and minimized through appropriate engine timing as well as optimized hydrogen concentration.

Hydrogen cars can use the alternative fuel using two approaches. The first approach will be to use fuel cells and the other one is to modify the internal combustion engine of your car.

Hybrid cars can either use gasoline and hydrogen. Two tanks are found in the car; one for gas and the other for hydrogen. Dual tanks are recommended at present because hydrogen stations are uncommon. In the whole US alone, there are only over 100 hydrogen stations. With two tanks, you can refuel with gasoline and the car will still run. This is a practical way of conquering the road and at the same time, cutting down gas costs.

With the use of fuel cells, you can double the range run of your motor vehicle. You will simply use water and the hydrogen there will react with oxygen. Water vapor is produced as well as the needed electricity to power the motor vehicle.

The problem seen by experts when using hydrogen as fuel for motor vehicles is that it’s not actually an independent fuel. It basically stores energy. The power needed should be extracted from hydrogen and presently, the process involves the use of fossil fuels.

Storing hydrogen in the motor vehicle is also a great consideration. The hydrogen should always be in liquid form and to do this, the temperature should be maintained at 253 degrees Celsius. If the temperature gets warmer, hydrogen will soon be in gas form. Tremendous insulated tanks are needed as well as venting systems.

Only when the possible problems are solved can the world fully benefit from hydrogen powered vehicles. Aside from that, hydrogen stations should be increased so that the car owners can easily refuel when they ran out of hydrogen. Perhaps the hydrogen motor vehicles used at present are quite expensive but in the future, perhaps more affordable hydrogen powered vehicles will be offered to the pubic.

In fact, popular car manufacturers like General Motors, Honda, Toyota, Ford, etc. are designing hydrogen powered motor vehicles that are priced similar to ordinary gas-consuming vehicles.

People can only hope that the so-called future cars will be a reality. If you want to experience using hydrogen as fuel, you can have your car converted. With dual tanks, you can save money and just in case you can’t find a hydrogen station, you can always refuel with gasoline.

Hydrogen as fuel for motor vehicles will definitely be a big hit in the coming years. For now, try to help save the environment with other means.

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